| Author | Message | ||
Platypus Side Hero Username: Platypus Post Number: 7344 Registered: 01-2008 Posted From: 82.13.134.86 Rating: N/A |
>>eventually they use their own blockchain...which long shot.....but still they need to relay on middlewhere like oracles to contact out side their blockchains.... Oracles/Cryptlets are anyway needed - to pull data from external systems into the DLT. No company/consortium would put their transactions on a public blockchain. So, the only way these enterprises would adopt blockchain is a private blockchain implementation using Ethereum/Hyper Ledger/Corda etc. It is not a long shot anymore. 2017 is about doing POCs. 2018 is about production implementations. Most financial firms in Europe are actively looking into blockchain. OMG seems to be another cryptocurrency implementation of Ethereum blockchain. We are not talking about cryptocurrencies here. Most use cases in the enterprises are about smart contracts in every industry. Cryptocurrency is only one such usecase. | ||
Maverick Legend Username: Maverick Post Number: 65427 Registered: 01-2008 Posted From: 73.59.83.138 Rating: N/A |
IBM doing something on the truck/fleet tracking ani chadiva ekkado Happy Vizag | ||
Hadoop Side Hero Username: Hadoop Post Number: 8833 Registered: 12-2014 Posted From: 99.104.124.142 Rating: N/A |
eventually they use their own blockchain...which long shot.....but still they need to relay on middlewhere like oracles to contact out side their blockchains....
OMG saying they scalling up to mill trx/per sec lately https://twitter.com/JUN_Omise/status/919595778632323074/phot o/1?ref_src=twsrc%5Etfw&ref_url=https%3A%2F%2Fcoin.fyi%2Fnew s%2Fomisego%2Fstarting-out-with-at-least-1-million-transacti on-per-seconds-76molo OMG is promising company advised by vitalik, eth founder | ||
Platypus Side Hero Username: Platypus Post Number: 7338 Registered: 01-2008 Posted From: 82.13.134.86 Rating: N/A |
>>all infra run by users. Not in an enterprise scenario. In that case, the firm owns the infrastructure. You are talking from a cryptocurrency point of view. Consortiums use their own infra (physical/virtual) to handle smart contracts. >>some other already doing 1 mill transactions/pre second.... Who? Would like to read about this. We are coming up with a breakthrough framework to host distributed ledgers where the throughput is reaching the order of thousands per second. Never heard of those transactions in the millions range. I may be mistaken though. | ||
Hadoop Side Hero Username: Hadoop Post Number: 8832 Registered: 12-2014 Posted From: 99.104.124.142 Rating: N/A |
...the whole decentralized concept it about scaling ...like OMG, some other already doing 1 mill transactions/pre second.... btw what infra u need, all infra run by users...as it get more popularity/mainstream ..more incentives to minors/operators..etc ...so no need to worry about infra... | ||
Platypus Side Hero Username: Platypus Post Number: 7333 Registered: 01-2008 Posted From: 82.13.134.86 Rating: N/A |
>>with current design n infra it cannot handle high volumes without compromising speed. It can scale up to thousands of transactions per second in a private blockchain scenario (the enterprise use case). 2018 is the sweet spot for Blockchain. | ||
Chanakya Side Hero Username: Chanakya Post Number: 6002 Registered: 04-2015 Posted From: 115.248.37.69 Rating: N/A |
blockchain issue is with scale. with current design n infra it cannot handle high volumes without compromising speed. mari IBM is only testing waters emo. No one is going to tell you the truth. They’re only going to tell you their version! ~Julian Assange | ||
Platypus Side Hero Username: Platypus Post Number: 7331 Registered: 01-2008 Posted From: 82.13.134.86 Rating: N/A |
Makes sense - Trade Finance is a great use case for DLT disruption. | ||
Taurus0807 Side Hero Username: Taurus0807 Post Number: 6523 Registered: 12-2011 Posted From: 198.208.159.17 Rating: N/A |
IBM is using blockchain payments for its cross border payments. https://techcrunch.com/2017/10/16/ibm-cross-border-payments- blockchain/ |